Billionaire investor and former Revlon boss Ron Perelman has finally parted with his unloved Upper East Side townhouse.
The $46.75 million sale, first reported by the Real Deal, comes almost six years after Perelman first attempted to sell the home alongside a smaller townhouse for $75 million in 2020.
The Neo Georgian mansion at 36 E. 63rd St. boasts a 40-foot-wide facade, museum-like interiors and 10 bedrooms. Its nearly 100-year history in Lenox Hill includes a tenure as a private club for aviators, called the Hangar Club.
Most recently priced at $49.5 million, the listing was held by Modlin Group’s Adam Modlin and Brown Harris Stevens’ Sami Hassoumi.
The buyer, a foreign LLC, was represented by Leslie Garfield’s Matt Lesser.
Perelman, once worth nearly $20 billion, is currently valued at $1.6 billion, according to Forbes.
Perelman and his firm, MacAndrews & Forbes, incurred substantial losses during the 2020 pandemic after the stock price of recently acquired Revlon tanked.
The now-83-year-old undertook extreme downsizing efforts, offloading stocks, auctioning off his Henri Matisse, and listing his private jet and 257-foot yacht for sale.
The billionaire told Vanity Fair in August 2020 that he wanted to live “a less complicated and less leveraged business life.”
He relisted the nearly 16,000-square-foot Lenox Hill home as a $60 million standalone property in 2021, but struggled to find a buyer. The opulent home’s unwavering price tag rotated on and off the market, and through various luxury brokers, for several years.
Perelman sold his longtime oceanfront Hamptons estate for $84.5 million in 2022. The 9-acre property along exclusive Lily Pond Lane initially asked $115 million. Perelman had previously shopped around his larger East End property, a 60-acre estate on Georgica Pond, for $180 million, The Post reported.
Perelman’s $46.75 million sell-off isn’t the end of his family’s real estate dealings, however. Perelman’s wife, Anna Chapman, filed a lawsuit in December against the co-op board of her late mother’s Park Avenue penthouse. Chapman’s suit claimed the board’s commandeering of part of the home’s wraparound terrace as common space has made the $5.9 million apartment impossible to sell.
